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Gold_Maker_
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🚨What to do when the market drops? ⚠️
I present to you two ways to operate in a falling market:
Strategy 1: Buy every time it drops DCA (dollar-cost averaging)
1. Reduced Cost Average: Buy more every time the price drops. Buying at different price levels reduces the average cost of investments.💵
2. Less Stress: There is no need to predict the market; you simply buy consistently every time it drops.
3. Investment Discipline: Encourages discipline and avoids impulsive decisions.
Strategy 1: Buy every time it drops DCA (dollar-cost averaging)
1. Reduced Cost Average: Buy more every time the price drops. Buying at different price levels reduces the average cost of investments.💵
2. Less Stress: There is no need to predict the market; you simply buy consistently every time it drops.
3. Investment Discipline: Encourages discipline and avoids impulsive decisions.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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